WTI falls for second day after U.K. officials reject Syrian action

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Source: Bloomberg
© Scanpix\Reuters
West Texas Intermediate decreased for the second day after U.S. officials rejected a plan to take military action in Syria, damping the outlook for an imminent strike and easing worries of disrupting the Middle East overseas sales. The October WTI contract slipped to $106.75 per barrel and Brent for October delivery plummeted 1.3%.
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Fri, 30 Aug 2013 14:06:05 GMT

Aussie headed for five-month fall as U.S. growth buoys taper outlook

The Australian currency is headed towards the longest losing streak in over four years, after the U.S. expansion boosted the case for tapering monetary stimulus. The Aussie appreciated 0.1% to 89.40 versus the U.S. Dollar, while the New Zealand's currency advanced 0.1% to 77.81 against the greenback.

Fri, 30 Aug 2013 13:44:07 GMT

German bonds rise as retail sales sink

German government bunds increased for the second day as data indicated retail sales in Germany unexpectedly plummeted in July, boosting demand for safer assets. The German 10-year bund yield slipped one basis point to 1.84% and the 1.5% note maturing in May 2023 inched up 0.115 to 96.985, while Germany's retail sales retreated 1.4% from June.

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